First Trust Municipal High Income ETF (FMHI)
| Assets | $291.81M |
| NAV | $46.69 |
| Expense Ratio | 0.55% |
| PE Ratio | n/a |
| Shares Out | 6.25M |
| Dividend (ttm) | $1.63 |
| Dividend Yield | 3.50% |
| Ex-Dividend Date | Dec 23, 2022 |
| 1-Year Return | -16.66% |
| Volume | 54,869 |
| Open | 46.52 |
| Previous Close | 46.61 |
| Day's Range | 46.52 - 46.80 |
| 52-Week Low | 44.09 |
| 52-Week High | 56.26 |
| Beta | 0.20 |
| Holdings | 315 |
| Inception Date | Nov 1, 2017 |
About FMHI
The First Trust Municipal High Income ETF (FMHI) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund that holds a broad range of US municipal bonds. FMHI was launched on Nov 1, 2017 and is managed by First Trust.
Top 10 Holdings
18.16% of assets| Name | Symbol | Weight |
|---|---|---|
| Us Dollars | n/a | 7.89% |
| PUERTO RICO COMWLTH 4% | PR PRC 4 07.01.2033 | 1.60% |
| BUCKEYE OHIO TOB SETTLEMENT FING AUTH 5% | OH BUCGEN 5 06.01.2055 | 1.32% |
| CHICAGO ILL BRD ED 5% | IL CHIEDU 5 12.01.2030 | 1.31% |
| ARKANSAS ST DEV FIN AUTH ENVIRONMENTAL IMPT REV 5.45% | AR ARSDEV 5.45 09.01.2052 | 1.10% |
| CONNECTICUT ST HEALTH & EDL FACS AUTH REV 5% | CT CTSMED 5 12.01.2045 | 1.03% |
| NORTH CAROLINA MED CARE COMMN RETIREMENT FACS REV 5% | NC NCSMED 5 10.01.2037 | 1.00% |
| MIAMI-DADE CNTY FLA AVIATION REV 5% | FL MIATRN 5 10.01.2040 | 1.00% |
| MIAMI-DADE CNTY FLA AVIATION REV 5% | FL MIATRN 5 10.01.2038 | 0.97% |
| NEW YORK N Y CITY TRANSITIONAL FIN AUTH REV 4% | NY NYCGEN 4 02.01.2042 | 0.95% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Nov 22, 2022 | $0.150 | Nov 30, 2022 |
| Oct 21, 2022 | $0.150 | Oct 31, 2022 |
| Sep 23, 2022 | $0.145 | Sep 30, 2022 |
| Aug 23, 2022 | $0.140 | Aug 31, 2022 |
| Jul 21, 2022 | $0.1325 | Jul 29, 2022 |
| Jun 24, 2022 | $0.1325 | Jun 30, 2022 |
News
First Trust Advisors L.P. Announces Distributions for Exchange-Traded Funds
First Trust Advisors L.P. ("FTA") announces the declaration of the monthly distributions for certain exchange-traded funds advised by FTA.
Municipal High-Income ETF (FMHI) Hits New 52-Week High
The municipal high-income ETF hit a 52-week high recently. Can it soar higher?
First Trust Municipal High Income ETF (FMHI) Hits 52-Week High
First Trust Municipal High Income ETF (FMHI) recently hit a 52-week high. Will it soar further?
4 Factors Why Muni Bond ETFs Could Rally
The tax hike talks, improving U.S. economic growth, high yields and chances of issuances of build back America bonds may help muni bond ETFs in the near term.
Tax-the-Rich Slogan Not to Help Muni Bond ETFs Much
There is growing support among Americans for wealth tax imposition. What would it bring for muni bond ETFs?
Democrats Favoring Tax Hikes: Muni Bond ETFs to Soar?
Democratic presidential candidates are pitching for tax hikes in some way or the other. This should keep the winning momentum alive for muni bond ETFs.